
"Keeping reserve bank accounts up-to-date on a daily basis can provide better customer protection and ameliorate systemic risk"
"Today’s amendments are narrowly tailored to address the risk that a mismatch may develop and persist between the net cash large broker-dealers owe to their ...
"It would better help to protect the SIPC Fund, particularly from the risk that when a broker-dealer fails, it has a midweek shortfall in its ...
"Recent failures in the banking sector brought into sharper focus the need to review vulnerabilities in the existing customer asset protection framework for broker-dealers"
"I am disappointed that the SEC staff has decided not to extend the MiFID II Relief for a modest additional period to accommodate these potential ...
"Now, that’s not to say this change will be new; in fact, this change simply brings us back to the T+1 settlement cycle our markets ...
"But [I] do want to make one final plea to Chair Gensler. Why not adopt a September 3, 2024 compliance date? I will vote for ...
"While it is clear that T+0 will entail greater operational and technological challenges than the move to T+1, I agree with commenters that such a ...
"In my view, we are in an imprudent rush away from a sensible transition date and, for that reason, I am unable to support the ...
"The benefits to all market participants of efficiency and fairness are indisputable. And the sooner that our markets can benefit from T+1, the better off ...